Farms.com Home  › News

Growth in Ethanol Demand will have to Come from Exports

By Meghan Grebner

An ag economist says opportunity for growth in ethanol demand isn’t going to happen in the US.
Tanner Ehmke, manager of CoBank’s Knowledge Exchange, says fundamental shifts in domestic usage of gasoline will force the industry to develop new markets for ethanol.

“We have to look abroad, send it into the export market- places like Brazil and China especially. That is a gigantic market where there is opportunity. Really the focus there for ethanol is where you can grow outside of the US when we have weaker demand here in the US.”

While the coronavirus pandemic has drastically reduced the use of gasoline in the US in 2020, Ehmke does anticipate a post-COVID spike in the coming months.

Click here to see more...

Trending Video

The $1.7 Billion Network Behind Canada's Seed Retail Future

Video: The $1.7 Billion Network Behind Canada's Seed Retail Future

Canadian agriculture has changed dramatically over the past 50 years, and so has the business of bringing new crop varieties to farmers. But as public plant breeding faces new pressures, private investment grows and farmers demand more from their genetics, what will the next 50 years look like?

In this special Seed World Canada Retail Strategy Webinar, we celebrate SeCan's 50th anniversary by looking beyond its history to explore the future of Canadian seed retail, plant breeding and variety commercialization.

Join Seed World Canada Senior Editor Marc Zienkiewicz and five industry experts as they discuss how independent seed businesses are adapting to a changing marketplace, the importance of partnerships between breeders and retailers, and what it will take to keep innovative crop genetics flowing into Canadian farmers' fields.